Nordstrom is making the rare move to shut down a full-line department store in Salem, Oregon, a decision that will likely cost about 130 workers their jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As warehouse club-like eCommerce startup Boxed talks with potential buyers, the executive behind its fastest-growing business segment has left the firm. Behzad Soltani, who led the company’s B2B unit, is taking another C-level position elsewhere, Recode reported. Get the Full Story Complete the form to...
Consumers can now shop for Snap goodies in the company’s first merchandise store, located in the Snapchat app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The Plenti coalition loyalty rewards program has hit a bit of a rough patch, with several partners leaving the service and retailers opting out of accepting members’ earned points, Retail Dive reported Wednesday (Jan. 31). AT&T dropped out last fall, and Alamo, Direct Energy, Enterprise,...
Consumer packaged goods (CPGs) entrepreneurs face many decisions as they grow their businesses. Distribution, packaging and funding can create challenges for those seeking to get their products from the farmers market to shelves of big box brick-and-mortar stores. It can be particularly difficult to overcome...
To reach more consumers and foster more eco-friendly operations, IKEA is testing out renting its furniture offerings in Japan, Curbed reported Wednesday (Jan. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As a matter of logic, what food looks like shouldn’t matter, since humans eat with their mouths — not with their eyes. And yet — as an multitude of Instagram food pictures proves — eating, particularly in the digital era, is a visual adventure as well as a...
Fashion retailer H&M plans to shutter more than 170 of its brick-and-mortar locations this year through its largest store closure program in at least 10 years, Bloomberg reported Wednesday (Jan. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Online marketplace Farfetch is planning to launch new mobile technology that will allow shoppers to flag items with their phones as they shop in stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...